Global Liquid Roofing Market to Exceed USD 7 Bn by 2021, According to M&M New Report Now Available at MarketPublishers.com

12 Sep 2016 • by Natalie Aster

LONDON – The global market for liquid roofing is predicted to follow an upward trajectory through 2021. The value of the market is set to stand at USD 7.48 billion by the same year, posting a 7.1 % CAGR since 2016. In terms of square meters, the world liquid roofing market is likely to rise at a 6.7% CAGR to exceed 3.4 billion by the year 2021. The major driver of the liquid roofing market growth is the rising demand for energy-efficient buildings.

The residential buildings segment is predicted to remain the largest and fastest-growing application segment within the global liquid roofing market through 2021.

APAC is recognised as the most rapidly-growing regional market (both in terms of volume and value) for liquid roofing across the globe. This regional market is led by China. Robust growth in the APAC liquid roofing market is fueled by a range of factors including rising overseas investments, stable economic growth, expanding manufacturing industries, availability of cheap labor and continued shift in production capacity to emerging economies, to name only a few.